2018 Regular Session

Entitled:

Commonsense Spending Act of 2018

Sponsored by:

Status:

In the Senate - Hearing 2/21 at 1:00 p.m.

Providing that, beginning in fiscal year 2020, any appropriation that increases by operation of law is required to have its mandated level of spending increased by the lesser of the amount of the existing formula calculation or 1% less than the amount of General Fund revenue growth in a certain report submitted by the Board of Revenue Estimates; providing that the General Assembly may not enact certain legislation that creates a certain mandated level of funding except under certain circumstances; etc.